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A Société Générale strategist said damage to Qatar's gas facilities could prolong supply uncertainty for Europe and Asia. He expects tight supply and low inventories to persist, with "a couple more winters of uncertainty".
Long-lasting loss of Qatari LNG capacity keeps European and Asian gas prices supported and raises the cost of winter supply.
After 162 past geopolitics events, Natural Gas moved a median +2.2% over 5 sessions (61% higher; middle half -2.0% to +7.5%), and +4.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.